Edgewater Wireless Awarded Patent for Automatic Gain Control (AGC) for Multichannel/Wideband Communications System

Edgewater Wireless Systems Inc. (YFI;
TSX.V) (OTCQB:
KPIFF), the industry leader in innovative WiFi Multi-Channel Single
Radio (MCSR™) technology for residential and commercial markets,
announced today that it has been issued a patent by the United States
Patent and Trademark Office (USPTO) for its Automatic Gain Control (AGC)
for a multichannel/wideband communications system. AGC enables
Edgewater’s MCSR networks to deliver more effective, error-free
reception and more efficient, data-rich transmission of multi-channel
signals.

The company has more than 24 patents in its intellectual property
portfolio, created to protect its unique MCSR approach to solving the
problems of substandard WiFi and wireless performance in high-density
residential and commercial environments. Edgewater’s patented techniques
mitigate interference and result in reduced errors and re-transmissions
in sending and receiving content – reducing lag or latency. Low latency
or the amount of data going through within a set period of time, is
critical for applications such as HD video, streaming and gaming. And
with the inevitable increasing number of wireless devices and with the
launch of 5G globally, the challenges of density will only get worse.

“Edgewater Wireless is pleased the USPTO has awarded this patent further
protecting our unique approach,” said Andrew Skafel, President and CEO
of Edgewater Wireless. “The continuing growth of our IP portfolio has
built a strong foundation for enhancing shareholder value and we’re
pleased with our revenue growth exiting Q3’19 as we realize the value of
our innovations. We’ve continued to ramp with our current customers and
have worked to diversify our customer base. We’re proud of our talented
team which continues to evolve and improve our products.”

About Edgewater Wireless

We make WiFi. Better.

Edgewater Wireless (www.edgewaterwireless.com)
is the industry leader in innovative WiFi technology for residential and
commercial markets. We deliver advanced silicon solutions designed to
meet the high-density and high quality-of-service needs of service
providers and their customers. With 24+ patents, Edgewater’s
Multi-Channel, Single Radio (MCSR) technology revolutionizes WiFi with
its aera™ access point product line, delivering next-generation WiFi
today.

This news release contains forward-looking statements and
forward-looking information within the meaning of applicable securities
laws. The use of any of the words "expect", "anticipate", "continue",
"estimate", "objective", "ongoing", "may", "will", "project", "should",
"believe", "plans", "intends" and similar expressions are intended to
identify forward-looking information or statements. Although Edgewater
Wireless believes that the expectations and assumptions on which such
forward-looking statements and information are based are reasonable,
undue reliance should not be placed on the forward looking statements
and information because Edgewater Wireless can give no assurance that
they will prove to be correct. By its nature, such forward-looking
information is subject to various risks and uncertainties, which could
cause Edgewater Wireless’ actual results and experience to differ
materially from the anticipated results or expectations expressed. These
risks and uncertainties, include, but are not limited to access to
capital markets, market forces, competition from new and existing
companies and regulatory conditions. Readers are cautioned not to place
undue reliance on this forward-looking information, which is given as of
the date it is expressed in this news release or otherwise, and to not
use future-oriented information or financial outlooks for anything other
than their intended purpose. Edgewater Wireless undertakes no obligation
to update publicly or revise any forward looking information, whether as
a result of new information, future events or otherwise, except as
required by law.

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